Employers are now profiting not just from workers' labor but also their loan payments & data. New paper with @kennybauf.bsky.social on the "Triple Extraction Model" and why consumer law belongs in the workplace. Forthcoming in @uclalawreview.bsky.social: ssrn.com/abstract=718...
Consumer Law Meets the New Company Store
Firms have discovered new ways to extract value from workers beyond traditional labor exploitation. In labor markets increasingly characterized by monopso
ssrn.com
A Colorado case shows how America's trial courts are slanted against working people, hand-holding creditors while consumers enjoy the law's protection only after massive intervention. That that & more in This Week in Debt from @protectborrowers.bsky.social! indebt.substack.com/p/this-color...
This Colorado Case Exposes How Trial Courts are Rigged Against Consumers
This Week in Debt: June 22, 2026
indebt.substack.com
A fight about stablecoins has pitted banks against crypto, and the results are hugely entertaining. That and so much more in This Week in Debt from @borrowerjustice.bsky.social indebt.substack.com/p/i-am-in-lo...
A new report on so-called "coverage attorneys" highlights yet another tool debt collectors use to turn courts into a debt mill, all while working people's rights become suggestions. That and more in This Week in Debt from @borrowerjustice.bsky.social!
It is earnings/proxy season, and the verdict is in: everyone in the consumer debt industry is making a killing, and you are not. That, preemption, private credit, student loans, insurance, BNPL, & more in This Week in Debt from @borrowerjustice.bsky.social! indebt.substack.com/p/this-week-...
This Week In Debt: 4/20/2026
Everyone but you is making a killing on debt. Also: preemption, private credit, student loans, insurance, BNPL, & more!
indebt.substack.com
The week in review: @kennybauf.bsky.social discusses our broken banking bargain, and Vincent Joralemon reflects on the neglected class dimension of addictive platform design. Plus, a call for scholarship, upcoming events, and hot new LPE pieces from around the web! 🧵
Weekly Roundup: April 17
Ben Kaufman discusses our broken banking bargain, and Vincent Joralemon reflects on the neglected class dimension of addictive platform design. Plus, a call for (your!) hot new LPE scholarship…
lpeproject.org
Great stuff from @millennialdebt.bsky.social cial today. BNPL borrowers need clear rights & tools to enforce them. In our populist moment, this shouldn't be controversial. indebt.substack.com/p/file-now-p...?
Just want to be clear, my point was not to say what fedsoc does is wrong. Idc about them. I just think it’s important for kids applying on-plan to have more of a sense of what it actually looks like, so they know they are totally normal if they have to apply very broadly and don’t get much back!
JP Collins@profjpc.bsky.social · 4mo ago“My understanding is that there were students in my section who, through Fed Soc, had clerkships lined up the fall of 1L,” Kaufman said. “There is no liberal student for whom that’s the case.”
Today, @kennybauf.bsky.social explains how banks are failing to provide basic services, instead pushing predatory credit products that gouge people at every turn. It’s time to ask whether public support for banks should come with real obligations to serve the public.
Banks Have Abandoned Their Public Purpose
At the core of the U.S. banking system is the public's choice to delegate money-creation privileges to private actors. But what is the public getting in exchange? An ever-swelling suite of predatory…
lpeproject.org
Private credit really may be about to start a student loan apocalypse. indebt.substack.com/p/this-week-.... That & more in This Week in Debt from Protect Borrowers! Featuring: @carterd.bsky.social @borrowerjustice.bsky.social + @tcfdotorg.bsky.social & more!
This Week In Debt: 3/23/2026
Private credit student loan apocalypse? Also: zombie mortgages, credit cards, and more!
indebt.substack.com
ladies and gentlemen, the United States department of education
The Associated Press@apnews.com · 5mo agoThe U.S. Education Department is handing off a portion of its student loan portfolio to the Treasury Department, a first step toward shedding management of all student loans as Trump administration officials dismantle the federal education agency.
Rising "merchant cash advance" (i.e., business payday) loans shows small biz needs protection too. That & more in This Week in Debt from @borrowerjustice.bsky.social indebt.substack.com/p/this-week-... Feat: @bradlipton.bsky.social @caseyquinlan.bsky.social @joeljacobs.bsky.social & more!
This Week in Debt 3/16/26
Examining "industry," MCAs, the credit report crisis, ISAs, BNPL, and more!
indebt.substack.com
The ongoing train wreck at Bilt illustrates what the dismantling of the CFPB looks like for actual people. That and more in This Week in Debt from @borrowerjustice.bsky.social! indebt.substack.com/p/this-week-...
YouTube celebrity Mr. Beast owns a fintech app targeting kids with EWA loans, risky stock trading, and other goodies. That and more in This Week In Debt from @borrowerjustice.bsky.social! indebt.substack.com/p/this-week-...
Industry is advocating against states protecting consumers. But industry advocates are . . . bad at advocacy. indebt.substack.com/p/this-week-... That & more in This Week In Debt from @borrowerjustice.bsky.social!
A monopolistic private equity company has caused a crisis of typefaces at the CFPB. Here's the story: indebt.substack.com/p/this-week-...? That and much more in this week's edition of This Week In Debt from @borrowerjustice.bsky.social!
What at time to be a loan shark. For @borrowerjustice.bsky.social, I discuss how business is booming at Dave, how the CFPB just got even worse for consumers, & more! indebt.substack.com/p/this-week-... Featuring: @alanasemuels.bsky.social @carterd.bsky.social And more!
Everyone from Fox to @moreperfectunion.bsky.social sees that Rent Now, Pay Later loans are a predatory debt trap. Check out the @borrowerjustice.bsky.social investigation that blew the lid on these loans here: protectborrowers.org/rent-now-pay...
New Investigation Shines a Light on Predatory Creditors Capitalizing on Sky-High Rents With “Rent Now, Pay Later” Loans - Protect Borrowers
Report from Protect Borrowers and Towards Justice pulls curtain back on predatory short-term, high-cost loans marketed to Americans struggling to pay high rents.
protectborrowers.org
More Perfect Union@moreperfectunion.bsky.social · 6mo agoFOX: " Rent Now, Pay Later. It's a new option for renters who are struggling to make the monthly payment ... You pay them a fee or a monthly subscription, but if you miss the payments — that's when the interest rates go way up."
2U is walking away from its bootcamps, which its own data showed had no effect on students' careers. Of course, those students will not be able to walk away from the massive loans they took on to attend 2U's bootcamps.
Class Central@classcentral.com · 2y agoThe cycle of layoffs, reorganizations, and strategic pivots continues at 2U/edX: The company is axing its bootcamp business, which came from its $750 million Trilogy acquisition, in favor of "innovative technical microcredentials." www.classcentral.com/report/2u-ax...
